Abu dhabi: Brent crude oil futures settled at $74.16 per barrel, climbing by roughly 3% or $2.17. US West Texas Intermediate futures advanced 2.8% to $70.44.
According to Emirates News Agency, the increase in oil prices reflects current market trend…
Abu dhabi: The United Arab Emirates has achieved a significant milestone by ranking 9th globally as a destination for inbound foreign direct investment (FDI), with a total stock amounting to AED 1.171 trillion. In 2025, the UAE attracted AED 177.3 bil…
Abu dhabi: G42, the UAE’s leading artificial intelligence and technology holding group, has partnered with UAE Team Emirates-XRG and MET Helmets to unveil a new AI-designed helmet to be worn by the team during Stage 5 of the Tour de France from Lannem…
Washington: The International Finance Corporation (IFC, rated Aaa/AAA), a member of the World Bank Group, has successfully priced its inaugural US dollar benchmark bond of the fiscal year. This bond, classified as a green bond, aims to raise $2 billio…
Brussels: The European Commission has raised £11 billion of EU-Bonds in its 7th syndicated transaction for 2026. The Commission, empowered by the EU Treaties, borrows from international capital markets on behalf of the European Union to finance select…
Africa: Africa attracted less foreign direct investment in 2025 than in the previous year. Yet the bigger story is that investors continue to position themselves in sectors that are becoming increasingly important to the global economy.
According to…
Abu dhabi: The Federal National Council (FNC) today approved a federal draft law on Cultural Heritage. The session was attended by Sheikh Salem bin Khalid Al Qasimi, Minister of Culture.
According to Emirates News Agency, before discussing the draft…
Dubai: Dubai maintained its strong economic performance in the first quarter of 2026, with the emirate’s Gross Domestic Product (GDP) reaching AED232 billion, representing a 2.4% increase from the same period last year.
According to Emirates News Ag…